NOT LISTED FOR SALE

Estimated Value: $1,419,000 - $2,184,000

5 Beds
4 Baths
1,000 Sq Ft
$1,796/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2019

Last sale price $1,399,999 $1,400 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,660 / mo

1 Day on Market

About This Home

As of September 2019

Rarely available legal 3 Family in Prospect Lefferts Gardens

Rarely available Legal 3 Family with a fully finished basement in Prospect Lefferts Gardens - perfect for an owner/occupier or an investor. All apartments have been excellently maintained and are in great condition. Low expenses make it a great income-producing property with upside and room to grow.

Fully occupied at present but the 1st floor apartment (3 bedroom/1 bath floor-through unit) can be vacant for an owner/occupier. The two 1 bedroom apartments on the 2nd floor are tenanted with good rents and good tenants to offset a potential mortgage payment. Fully finished basement with backyard access can be duplexed with the first floor for added potential.

This is a legal 3 family at the price of a 2 family in one of the most desirable up-and-coming neighborhoods in Brooklyn.

1st floor - 3 BD/1 BA - $2800 monthly rent, lease ends 9/30/19
2nd floor - 1 BD/1 BA - $1700 monthly rent, lease ends 6/30/20
2nd floor - 1 BD/1 BA - $1690 monthly rent, lease ends 8/31/20

Current Cap Rate - 4.2%
Projected Cap Rate - 5.8%

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 87.0

Home Design

  • Pre War Building

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Prospect Leffert Gdn Subdivision

Listing and Financial Details

  • Legal Lot and Block 36 / 4814

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Nostrand Avenue/New York Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Prospect Leffert Gdn
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1000.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 87.0

Building Info

  • Total Stories: 2
  • Year Built: 1899

Tax Info

  • Tax Block: 4814
  • Tax Lot: 36
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $1,399,999 0.0% $1,400 / Sq Ft
09/11/2019 09/11/19 For Sale $1,399,999 -- $1,400 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10556477

Real Estate Board of New York (REBNY)

APN: 04814-0036

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